Whoa! October employment report… What about all the MMT free munnie interest income (to people who are already bazillionaires) from the higher rates somehow creating a Democrat regime economic nirvana? Perhaps not? ?This and the initial 1.2% Q4 from the Atlanta Fed has this thesis not looking too good so far I’d say…U.S. hiring slowed to 150,000 jobs in October. The unemployment rate rose to 3.9% https://t.co/7dLb8rYpLg— Real Time Economics (@WSJecon) November 3, 2023
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Whoa! October employment report…
What about all the MMT free munnie interest income (to people who are already bazillionaires) from the higher rates somehow creating a Democrat regime economic nirvana? Perhaps not? ?
This and the initial 1.2% Q4 from the Atlanta Fed has this thesis not looking too good so far I’d say…
U.S. hiring slowed to 150,000 jobs in October. The unemployment rate rose to 3.9% https://t.co/7dLb8rYpLg
— Real Time Economics (@WSJecon) November 3, 2023